Investing Tips at the Domain Name Auction |
| 5/13/2008 6:53:19 AM |
There is always the possibility to make money buying domain names because of the perceived value associated with a site that draws a large traffic base. But not every domain name auction purchase can be a winner. Below I tried to come up with the best tips for an investor at a domain name auction. Make sure to check these out before putting your hard-earned cash into the risky world of domain names.
- Try to see where the future of the web is going and buy a URL that supports that direction. You can also apply this to a popular trend or technology that you feel will soon explode in popularity.
- Try to only apply for the .com extension at a domain name auction. There are many other extensions but this one is traditional and should be looked for as the first choice.
- Avoid long URL names. Short and precise is what you are looking for.
- Brandability may not be a word but should be when thinking about how to make money buying domain names. Ask yourself if this is a URL that could roll off the tongue?
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